Water chiefs blame swimmers for point out the sewage in river . Lol.

[Mrwong]

https://twitter.com/Feargal_Sharkey/status/1670349422893449217

See, if only you'd all mind your own bloody business, stop swimming, canoeing, fishing and in fact being anywhere near a river none of this would have happened.


It just unbelievable to even say that.....

Btw

Mountain' of dumped PPE packs discovered on New Forest land
16th June

https://twitter.com/g_gosden/status/1670133747721666560

Just keep dumping... What ever environment saving we do on the one hand, the other equally matches it.

True net zero strategy.

 

[Mrwong]

Between 1991 and 2019 £120+billion had been spent by them invested in the networks. All of this was funded by bill payers.

Another £54 billion has been paid in dividends over that period. They also accrued £40+billion of debts, with the interest being over a billion a year, debts they racked up to pay out dividends.

It's a cushy investment, no outlay and only return.

Have a look at who they pay interest too.
Follow the breadcrumbs of sub companies they contract out some of their services.

The major point they continue to push for households to reduce their usage. But more gets wasted via leaks.

 

[Mrwong]

How is it that an industry cannot be run as a nationalised one, because there isn't the money to do so. But run as a privatised business, it pays out dividends?

This industry is (in theory) making a profit - so why isn't it self-funding when it is run for the purpose of providing the service, rather than run for the purpose of making money?

Public company can make profits. A few years ago there was a rail service that collapsed and the public took over.

After only 1 year it started to make profits. In Fact it started to make good profits. It was later sold by the government.

Cannot remember the name but if you search for it you'll find it.

Southeastern has become public 2021, let's see if they start to make a profit.

 

[Mrwong]

I remember that, was it one that had to be then retaken into public ownership for a second time? Can't remember tbh.

Something like that. I just can't recall the name.
So yes it is possible for public run companies to make profits. Which could used to reduce the government borrowing.